Time to dump your old car if it is of no use to you. Used car prices are going to crash first and most when the supply chain problem is resolved.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:No way, keep shopping. Just email dealers with what you want and negotiate online.

no way? you havent shopped for new cars lately. There are no discounts.. over sticker is common at sticker is a deal

I really think it depends on the car and price point. I think the more expensive cars tend to sit, so you are likely to get something off of MSRP. We bought a Audi Q7 at the end of July and got a couple thousand off of MSRP. This is after one dealer wanted to add a $13k global chip shortage fee.

First, a Q7 isn't a "more expensive car" nor are more expensive cars less likely to sell for under MSRP. I just bought an audi for twice the price of a Q7 and was not able to get a discount. However, I also bought a cheaper Porsche back in May and got a couple thousand off MSRP. Your experience is the result of buying a car six months ago, not a result of the particular car you bought.

Everything was so different in March. Chip problems really start coming in June/July timeframe. I am sure that Porsche would be expensive now.

Op, keep shopping and you don't have to buy car right away if you don't really have a need.

And even if you are buying your car "below MSRP", they are getting you on the fees - Documentation Fees, Dealer Prep, Shipping Fees, Inventory Fees, they just randomly add them in there to confuse you.

Just compare the out-the-door price - the car, taxes, tags, fees, and everything else. These days, when you do all that, the difference between a "great deal" and "not negotating at all" is usually only a few hundred bucks.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Never. As in not ever. Out of the question. Wouldn’t consider it. It is an exploitative and predatory sales practice. Dealers make a fine living selling cars cheap and service at ridiculous profit. Now they want to rip off the consumer on both ends. “Market value adjustment.” I’ve got your adjustment right here, pal.

Good luck with that approach if your car gets totaled and you need a replacement in the next month or so.

Ever heard of gap insurance?

Gap insurance will pay off all your car loan, even if the loan balance is higher than the value of the car. But it won’t pay you the cost of a new car. For that, at the moment, you are paying above MSRP.

Anonymous wrote:

Anonymous wrote:Never. As in not ever. Out of the question. Wouldn’t consider it. It is an exploitative and predatory sales practice. Dealers make a fine living selling cars cheap and service at ridiculous profit. Now they want to rip off the consumer on both ends. “Market value adjustment.” I’ve got your adjustment right here, pal.

Good luck with that approach if your car gets totaled and you need a replacement in the next month or so.

Ever heard of gap insurance?

Anonymous wrote:Never. As in not ever. Out of the question. Wouldn’t consider it. It is an exploitative and predatory sales practice. Dealers make a fine living selling cars cheap and service at ridiculous profit. Now they want to rip off the consumer on both ends. “Market value adjustment.” I’ve got your adjustment right here, pal.

Good luck with that approach if your car gets totaled and you need a replacement in the next month or so.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:No way, keep shopping. Just email dealers with what you want and negotiate online.

no way? you havent shopped for new cars lately. There are no discounts.. over sticker is common at sticker is a deal

I really think it depends on the car and price point. I think the more expensive cars tend to sit, so you are likely to get something off of MSRP. We bought a Audi Q7 at the end of July and got a couple thousand off of MSRP. This is after one dealer wanted to add a $13k global chip shortage fee.

First, a Q7 isn't a "more expensive car" nor are more expensive cars less likely to sell for under MSRP. I just bought an audi for twice the price of a Q7 and was not able to get a discount. However, I also bought a cheaper Porsche back in May and got a couple thousand off MSRP. Your experience is the result of buying a car six months ago, not a result of the particular car you bought.

That means you either bought an A8 or an R8. In either case, they are stale and dealers are having trouble moving them at all. If you paid MSRP you got taken.

Never. As in not ever. Out of the question. Wouldn’t consider it. It is an exploitative and predatory sales practice. Dealers make a fine living selling cars cheap and service at ridiculous profit. Now they want to rip off the consumer on both ends. “Market value adjustment.” I’ve got your adjustment right here, pal.

^^^^^should read "nor are more expensive cars MORE likely to sell for under MSRP"

To make a long story short, nothing semi desirable is selling for under MSRP right now. Nothing.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:No way, keep shopping. Just email dealers with what you want and negotiate online.

no way? you havent shopped for new cars lately. There are no discounts.. over sticker is common at sticker is a deal

I really think it depends on the car and price point. I think the more expensive cars tend to sit, so you are likely to get something off of MSRP. We bought a Audi Q7 at the end of July and got a couple thousand off of MSRP. This is after one dealer wanted to add a $13k global chip shortage fee.

First, a Q7 isn't a "more expensive car" nor are more expensive cars less likely to sell for under MSRP. I just bought an audi for twice the price of a Q7 and was not able to get a discount. However, I also bought a cheaper Porsche back in May and got a couple thousand off MSRP. Your experience is the result of buying a car six months ago, not a result of the particular car you bought.

Took me a while to find a dealer that had the car I wanted, but earlier this week I got a fully loaded Subaru for $500 below MSRP. The catch? In the last two weeks, they appear to have raised their MSRP by $1,000

Oh well, I needed the car, and now I have the car.

Fitzgerald Hyundai in Gaithersburg is adding a $6,500 supply chain fee to all their MSRPs!

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Never. And the attorneys general of the various jurisdictions should investigate this as an unfair trade practice.

Why, it’s supply and demand.

Selling above advertised price is classic bait and switch

Well if you find a dealer advertising at MSRP and refusing to sell at that then you should complain to an AG, altho tbh car dealers are so awful that is probably not a high priority for the AG.

The S in MSRP stands for “suggested”

This.

I just went to look at a Honda CRV, internet price 29K. When I got there it was 38K. Salesman said Honda only lets them advertise MSRP but then the dealer can charge whatever they want. Delightful.

An internet price is an advertisement. That is worth reporting to the AG’s office.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Never. And the attorneys general of the various jurisdictions should investigate this as an unfair trade practice.

Why, it’s supply and demand.

Selling above advertised price is classic bait and switch

Well if you find a dealer advertising at MSRP and refusing to sell at that then you should complain to an AG, altho tbh car dealers are so awful that is probably not a high priority for the AG.

The S in MSRP stands for “suggested”

This.

I just went to look at a Honda CRV, internet price 29K. When I got there it was 38K. Salesman said Honda only lets them advertise MSRP but then the dealer can charge whatever they want. Delightful.